The rise of a small town in shoe country

Chapter 472
His father-in-law is over [-] years old, and he is still the financial director of Yun Jiuyao Company. He wanted to go home to take care of his old age, but Jiang Zongyao didn't let him go, saying that he was the most reassuring person in the company.

Jiang Zongyao is also living younger and younger now, and his clothes are trendier than Jin Yunfei, and he is catching up with young people in their 30s and [-]s.

Yun Jiuyao Company was established early and at a fast pace. Its current scale has increased by six or seven times compared to when it was established.

Jin Yunfei did some calculations for himself. The 1000 million invested in Yunjiuyao Company at the beginning has now turned into 7000 million.

I have to admire the power of the market economy. The first person to eat crabs always eats well and quickly. If he wants to be replaced by the current Jin Yunfei, he dared to bet all his belongings at that time.

Yun Jiuyao's business has expanded outwards. Not only have projects in surrounding cities, but it also won a real estate with an area of ​​[-] mu in the provincial capital not long ago.

"Yunfei, what did you do? How did you make yourself like this?" Jiang Zongyao asked with a straight face.

"I lost Jingzhou carelessly." Jin Yunfei said, "On the land of the motherland, a bunch of foreign garbage are dominating the land. I really can't see it before I act."

"I understand this and I support you, but you can do it in a better way. You have to know your weight. We can all lose, but you are indispensable."

"Hehe, I said Lao Jiang, your words gave me goosebumps."

"I'm serious." Jiang Zongyao said solemnly: "To put it bluntly, your second brother's becoming a vegetable does not affect your Jin family. If it were you, I think your Jin family will be separated. We all come together , It's all because you are in it, whether it is Yun Jiuyao or Liuhe, you are the mainstay. In short, you can't take risks, you can't have accidents."

Father-in-law nodded and said, "Yunfei, what Lao Jiang said is exactly what I want to say, speaking from the bottom of my heart."

"Accept criticism, accept criticism sincerely. Dad, Lao Jiang, I promise, I promise there will be no next time."

Jiang Zongyao said: "Stop talking about this, let's talk about business."

Jin Yunfei gave a brief report on the trip to the provincial capital, and then asked the two seniors to correct him.

The father-in-law rarely criticizes his son-in-law, but today he was very rude, "Yunfei, I think you made at least two mistakes. First, you don't know this person named Jenny, and you still don't know it. This violates your consistent principles, that is, When doing business, you must be a person first, and when you engage in cooperation, you must first look at people. Secondly, if you don’t follow the right path, you will take a detour. To set up a commercial bank, you must first obtain the consent of the local government. This is common sense.”

Jin Yunfei looked ashamed, "Dad, I really lost my head this time."

Jiang Zongyao said: "I also have to say a few words. Under the market economy model, there is no business that guarantees profits without losing money, and the same is true for banks. The simplest example is that you can't get back the money you borrowed, and the accumulation of bad debts reaches a certain percentage. , you have to lose money. It is absurd and ridiculous to say that running a bank only makes money but not losses.”

Jin Yunfei nodded in agreement, and asked, "What should I do? The cowhide has been blown out, and the train has already started. Can I stop now?"

The father-in-law said: "Lao Jiang and I went to the city yesterday, and I went on your behalf. The relevant leaders and departments are very supportive of establishing a private commercial bank."

Jiang Zongyao said: "Besides, they all recognize that you are the best candidate for the initiator. In this way, you have no way out and can only continue to move forward."

"So, have they made it clear?"

The father-in-law took out relevant documents and meeting minutes, as well as a letter of authorization issued by the Municipal Financial Leading Group.

The letter of authorization states that Wenlin City will establish the "Wenlin City Cooperative Development Bank", with the founder Jin Yunfei, the legal representative Jin Yunfei, the chairman Jin Yunfei, and so on.

Before the temple was built, the Bodhisattva was molded, which meant that the overall situation was settled.

Jin Yunfei said: "Now there is a situation, can it be delayed for a while, even half a month or a month."

Jiang Zongyao laughed and said: "You have obtained the power of attorney, you are the initiative, according to the relevant regulations, you will be fine for two or three months."

"Old Jiang, I would like to ask you a few questions. What is the relationship between equity capital and total capital? How is the bank's profit distributed? Can commercial banks issue their own bonds? Can commercial banks raise funds by themselves?"

"It's great, I've already gotten started." Smiling, Jiang Zongyao said: "The share capital, also called the statutory fund abroad, is the original capital at the beginning of the bank's establishment, that is, the registered capital. The total capital is the original capital plus Overflow funds, that is to say, your registered capital is [-] million, but other funds can be added. Of course, you must report to the relevant departments and obtain access. The overflow funds can be changed and reported annually. Profit distribution, of course, is based on The distribution is based on the total funds. However, the overflow funds only have the right to distribute profits and have no shareholder voting rights. You said that the issue of bonds and self-financing, the bank can apply three months in advance, but the approval right lies with the central bank and the local financial leadership group.”

Jin Yunfei nodded, "I think I should know it in my heart."

"Yunfei, there is a fact that I have to warn you in advance."

"Old Jiang, tell me."

"As the promoter, you take the main risk. In other words, you put your entire fortune on the line."

"Old Jiang, I have already prepared."

Jiang Zongyao said: "Okay, courageous, as a friend, I want to give you a promise, which can be regarded as my support for you."

"Then what kind of support are you going to give me?"

"I'm a foreigner, so the shareholding ratio is definitely not large. But in terms of overflow funds, I will contribute [-] million yuan to support you. More importantly, I will sign a memorandum of understanding with you and go through the notary company. If the bank is at risk, you I will share half of the responsibility for you."

Jin Yunfei was moved, this is a friend.

"Old Jiang, I won't say thank you. I can only repay your selfless support with infinite efforts."

"Let's talk far, let's talk closer." Jiang Zongyao pointed to Jin Yunfei's injured part with a smile, and asked, "How is it? It won't affect your bank and your plan to travel around the world, right?"

"Don't worry, there will be no delay. Hehe, you can try if you don't believe me, I can still carry you up now."

"Okay, I won't bother you anymore. Take a good rest. I like to see you alive and well, and I hate seeing you lying like this."

"Old Jiang, wait. You have to be mentally prepared. If the bank is established, you may lose a talent."

Jiang Zongyao looked at Yue Dongping and sighed with a smile: "Well, there is no banquet in the world that lasts forever."

The father-in-law smiled and said, "I don't care, I go to work wherever I go."

Jin Yunfei was restless, not long after the two elders left, Su Yuru and Liu Daye came again.

Before Su Yuru and Liu Daye could speak, Miss Jenny, who was far away in the provincial capital, called.

After hesitating for a moment, Jin Yunfei connected Jenny's call with his mobile phone in front of Su and Liu.

(End of this chapter)